---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-199180"
form_type: "8-K"
ticker: "JBTM"
cik: "0001433660"
company_name: "JBT MAREL Corp"
filed_at: "2025-09-09T23:59:59+00:00"
generated_at: "2026-05-17T07:16:50.570326+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# JBT Marel closes $575M 0.375% convertible notes due 2030; net proceeds ~$506M

## Summary
- $575M aggregate principal (incl. $75M greenshoe) of 0.375% convertible senior notes due 2030.
- Initial conversion price ~$187.77/share (32.5% premium over $141.71 closing price on Sept 4).
- Net proceeds ~$506.1M; to repay revolver borrowings and refinance 0.25% convertible notes due 2026.
- Entered convertible note hedge and warrant transactions; warrant strike $283.42/share (100% premium).
- Notes redeemable on/after Sept 20, 2028 if stock price ≥130% of conversion price for 20 of 30 trading days.

## SEC filing metadata
- accession: 0001193125-25-199180
- form_type: 8-K
- ticker: JBTM
- cik: 0001433660
- company_name: JBT MAREL Corp
- filed_at: 2025-09-09T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/d25383d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-199180
- JSON: https://secwatch.observer/filing/0001193125-25-199180.json
- Plain text: https://secwatch.observer/filing/0001193125-25-199180.txt

## Key facts
- Equity Issuances
  JBT MAREL Corp issued maximum number of shares of the common stock issuable in connection with the warrants is 6,124,672 of warrant to option counterparties.
  - Security: warrant
  - Shares: maximum number of shares of the common stock issuable in connection with the warrants is 6,124,672
  - Purchaser: option counterparties
  source text: the Company also entered into warrant transactions with the option counterparties whereby it sold to the option counterparties warrants to purchase, subject to customary anti-dilution adjustments, up to the same number of shares of the common stock
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm
- Equity Issuances
  JBT MAREL Corp issued convertible note to initial purchasers for $575.0 million aggregate principal amount.
  - Security: convertible note
  - Purchaser: initial purchasers
  - Consideration: $575.0 million aggregate principal amount
  source text: On September 9, 2025, JBT Marel Corporation (the “Company”) closed its previously announced private offering (the “Offering”) of $575.0 million aggregate principal amount of the Company’s 0.375% Convertible Senior Notes due 2030
  evidence_url: https://www.sec.gov/Archives/edgar/data/1433660/000119312525199180/0001193125-25-199180-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.